Readers evenly split on compulsory MPPI plan

Mortgage Strategy Online readers were divided over proposals for an industry-funded compulsory insurance plan to help clients avoid repossession, with 51% against and 49% for the plan.

This week, Mortgage Strategy asks: “Will you explore the government-backed Small Firms Loan Guarantee scheme to survive the current market downturn?” Q: Do you support an industry-funded compulsory insurance plan to help borrowers avoid repossession?

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